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Company Registration No. 03699449 (England and Wales)
Parkview Care Homes Limited Unaudited accounts for the period from 1 October 2024 to 31 March 2025
Parkview Care Homes Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Parkview Care Homes Limited Company Information for the period from 1 October 2024 to 31 March 2025
Directors
Romi Pinsent Russell Pinsent
Secretary
Fiona Pinsent
Company Number
03699449 (England and Wales)
Registered Office
Conifer Lodge Residential Home 95-99 Pembroke Crescent Hove East Sussex BN3 5DE England
Accountants
Angela MacCarthy Limited T A On The Spot 7 Chalfont Drive Hove East Sussex BN3 6QR
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Parkview Care Homes Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1,212,798 
1,214,691 
Current assets
Debtors
5
626,728 
585,172 
Creditors: amounts falling due within one year
6
(721,597)
(609,066)
Net current liabilities
(94,869)
(23,894)
Net assets
1,117,929 
1,190,797 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
820,291 
820,291 
Profit and loss account
297,538 
370,406 
Shareholders' funds
1,117,929 
1,190,797 
For the period ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 December 2025 and were signed on its behalf by
Romi Pinsent Director Company Registration No. 03699449
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Parkview Care Homes Limited Notes to the Accounts for the period from 1 October 2024 to 31 March 2025
1
Statutory information
Parkview Care Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 03699449. The registered office is Conifer Lodge Residential Home, 95-99 Pembroke Crescent, Hove, East Sussex, BN3 5DE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Revenue
Turnover represents sales of services and is recognised at the point the customer is entitled to consideration.
Going concern
Despite a challenging economic climate, the company retains the support of its directors. It therefore continues to adopt the going concern basis of accounting.
Tangible assets
Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles
25% on cost
Fixtures & fittings
25% on reducing cost
Computer equipment
33% on cost
Investment property
The investment property was subject to valuation by R J Pinsent, a director who is not a professionally qualified valuer. The methods and significant assumptions used to ascertain the fair value of £1,200,000 are as follows: The valuation is an estimated amount for which the property should exchange on the valuation date between a willing buyer and a willing seller in an arm's-length transaction after proper marketing wherein the parties had each acted knowledgeably, prudently and without compulsion. The valuation assumes that the property complies in all respects with all legislation, statutory provisions and regulations relating to its construction, use and occupation and that no notices are outstanding against the property.
Hire purchase and lease commitments
Rentals paid under operating leases are charged to the profit or loss on a straight line basis over the period of the lease.
Pension costs and post retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they relate. .
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Parkview Care Homes Limited Notes to the Accounts for the period from 1 October 2024 to 31 March 2025
4
Tangible fixed assets
Land & buildings 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2024
1,253,900 
12,803 
70,197 
132,266 
1,469,166 
At 31 March 2025
1,253,900 
12,803 
70,197 
132,266 
1,469,166 
Depreciation
At 1 October 2024
53,900 
12,803 
56,349 
131,423 
254,475 
Charge for the period
- 
- 
1,727 
166 
1,893 
At 31 March 2025
53,900 
12,803 
58,076 
131,589 
256,368 
Net book value
At 31 March 2025
1,200,000 
- 
12,121 
677 
1,212,798 
At 30 September 2024
1,200,000 
- 
13,848 
843 
1,214,691 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
83,454 
72,661 
Amounts due from group undertakings etc.
540,335 
509,782 
Accrued income and prepayments
2,939 
2,729 
626,728 
585,172 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
75,372 
52,964 
Trade creditors
195,045 
209,774 
Amounts owed to group undertakings and other participating interests
316,355 
282,088 
Taxes and social security
44,362 
47,085 
Other creditors
46,044 
11,763 
Loans from directors
214 
3,834 
Accruals
44,205 
1,558 
721,597 
609,066 
7
Transactions with related parties
The transactions with the directors and shareholders have not been conducted under normal market conditions: A balance of £214 is owed to Mr R Pinsent at the period end. No interest is being charged by the director. During the period the company was charged a management fee of £30,761 (2024: £83,125) by MacLeod Pinsent Care Homes Ltd (parent company). At the period end date the company was owed £540,335 (2024: £509,782) by this company. MacLeod Pinsent Care Conifer Ltd, a company controlled by the same individuals as this company, owes the company £316,335 at the period end date. (2024: £282,088).
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Parkview Care Homes Limited Notes to the Accounts for the period from 1 October 2024 to 31 March 2025
8
Controlling party
The company is a subsidiary, however, no consolidated financial statements are prepared for any group within which the company is a member.
9
Average number of employees
During the period the average number of employees was 34 (2024: 33).
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